Bot settings for Koala Signals on 3Commas.

Hello everyone!

Here, I continue to post about the signals for bots available in 3Commas Marketplace. The next signal is Koala Signals: we will figure out what’s this signal, what you can trade when using it and what settings the developer recommends.

Contents:

  1. Registration and connection of the exchange on 3Commas.
  2. Available pairs and exchanges.
  3. Recommended strategies for Koala Signals.
  4. How to set a bot for Koala Signals on 3Commas.
  1. Registration and connection of the exchange on 3Commas.

The service is available via https://3commas.io/?c=tc12655, this is my referral link that gives you a 10% discount.

After registration, you will get 7 days of free Pro account with all the possibilities. Then, if your deposit is less than $ 750, the service with all the possibilities will remain free for you. If you have more than $ 750 on your account, please choose one of the subscriptions. To work with Koala Signals, it is most convenient to use composite bots, and I will describe all settings just for such a bot available on Pro account.

After registration on 3Commas, please connect the Binance exchange using your API. How to do this read here: https://support.3commas.io/hc/en-us/articles/360000225253

Find out how to create an API key for Binance:  https://support.3commas.io/hc/en-us/articles/360000221733

2. Available pairs and exchanges.

Available pairs and exchanges for Koala Signals:

Signals can be used only on BINANCE and only to BTC. 

3. Recommended strategies for Koala Signals.

Below I will describe the recommended strategies to configure a 3Commas bot that are relevant as of 08.07.2019, but always keep in mind that recommendations are not the rules and all the risks you bear on your own and using your deposit.

Historically, Koala Signals could be used through the KoalaTradingBot bot, but the 3Commas’s team managed to connect it to our service.

No information on the website https://koalabot.io/ describing the principle of signal generation is available. The seller does not disclose any data, and many people don’t need it in general. We are all interested in how profitable it is, so we’ll test it or review my reports and take our own trading decisions

There are 5 types of signals:

1. #swing: risk taker for volatile markets.

2. #scalp: searches for frequent, small profits.

3. #pivot: reversal strategy.

4. #bounce: catches price bounce.

5. #dynamic: dynamic Stop Loss.

Statistics is available in the Telegram channel https://t.me/KoalaChat – this is a chat where settings and other urgent topics are discussed. By writing the command /stats on this channel, you will get statistics on the profitability of above signals as follows:

As of 08.07.2019, 3Commas bot receives signals from the #bounce channel.

Here, in Table 2, is a comparison of settings for different signals:

Also, you can get a sell signal the deal will be closed. The sell signal will not work only in case of already launched Trailing Take Profit with a less percent, so your deal will be closed by your TP percent.

4. Bot configuration on 3Commas for Koala Signals.

If you decide to get Koala Signals, go to step 1. Buying a signal.

  1. Buying a signal:

If everything is ok, you will see the following:

2. Configure a bot. We will use the recommendations given in Table 2 for signals #bounce.

Creating a bot: 

We will do it by sections:

  • Main settings
  • Pairs (Choose all pairs to BTC)

It will look like that:

If you decide to remove any pair, simply click the cross to the right of the pair. 

  • Strategy 

Note: do not set a minimum amount of 0.001 BTC in the ‘Initial order value’ because when working with Stop Loss of -4%, a bot will not be able to close the deal due to a value drop below the minimum, use the value of 0.0011 and higher.

  • Deal opening condition – if you have no Koala Signals in the list, you have not yet purchased it and you need to return to step 1 ‘Buying a signal’:
  • Take profit
  • Safety Orders (first set up this section, otherwise you will not be able to set 4% for Stop Loss)
  • Stop Loss
  • Advanced settings

Now bot is configured. Click  

Get a reminder that you need to run the bot.

Then click Run

We’ve finished the bot configuration for Koala Signals.

I leave the link to the bot that we just created with you here: https://3commas.io/bots/518262/shared_show?url_secret=67920ff9bc, by clicking it you can copy it, customize it or see the statistics of its work.

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